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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Boca_PETE who wrote (4438)4/3/1998 10:19:00 AM
From: Kirk ©  Read Replies (1) of 42834
 
SteveH: re:<Investor sentiment is only one indicator>
I agree -The investor sentiment indicator represents 25% of Brinker's timing model.
BTW. So much for DOW 9000. :-))


Yes. Also, BB said that a sentiment reading of 70% was a "cautionary flag" rather than a "switch to bull" digital decision.

It probably sits right up there with the record valuation warnings which he also discusses in detail saying that it could, just might, go a bit higher, but not to the levels seen in Japan.

It would be interesting to see if he had a number for backward and forward multiple that would trigger his "sell signal".

BTW, last night on NBR I heard the words "DOW 11,000" from Stuart Freeman for 1999 so there are plenty of bulls for sure! BTW, I have a link to the NBR transcripts here: suite101.com

regards
Kirk out
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